Reference & Archive

Chinese trucked LNG prices slip as summer nears end

Terminals reduced their prices for trucked LNG in July in anticipation of weakening demand for gas-fired power as summer heatwaves endTerminals reduced their prices for trucked LNG in July in anticipation of weakening demand for gas-fired power as summer heatwaves end.

The Dapeng, Rudong, Ningbo, Zhuhai, Tianjin, Qidong and Beihai terminals have reduced their prices for trucked LNG by an average of 8.7% in August from July in anticipation of weakening demand for gas-fired power generation as the summer heatwaves end.

Trucked LNG prices at selected terminals, RMB/ton

Terminal

Province

July

August

Putian

Fujian

3,050

3,050

Dapeng

Guangdong

3,550

3,050

Rudong

Jiangsu

3,800

3,200

Yuedong

Guangdong

2,900

2,900

Ningbo

Zhejiang

3,250

3,140

Dongguan

Guangdong

3,450

3,600

Zhuhai

Guangdong

3,250

3,050

Tianjin

Tianjin

3,450

3,400

Tangshan

Hebei

3,035

–

Qidong

Jiangsu

3,150

3,050

Beihai

Guangxi

3,500

2,900

Dalian

Liaoning

3,050

3,050

Qingdao

Shandong

3,275

3,375

Source: Sublime China Information

Purchasing prices of trucked LNG in regions

June

July

lowest

highest

lowest

highest

Shandong

3,300

3,650

3,400

3,700

Shanghai

3,400

3,600

3,200

3,300

Jiangsu

3,160

3,450

3,150

3,600

Zhejiang

3,350

3,550

3,350

3,550

Jiangxi

3,650

3,800

3,400

3,700

Hunan

3,500

3,700

3,300

3,600

Hubei

3,450

3,750

3,450

3,750

Henan

3,200

3,300

3,350

3,400

Guangdong

3,300

3,550

3,050

3,600

Guangxi

3,550

3,800

3,450

3,750

Guizhou

3,550

3,800

3,500

3,800

Yunnan

3,700

4,000

3,650

4,000

Fujian

3,450

3,700

3,450

3,700

Liaoning

3,350

3,750

3,350

3,750

Jilin

3,700

3,850

3,700

3,850

Hebei

3,150

3,350

3,270

3,530

Beijing

3,250

3,450

3,400

3,450

Tianjin

3,200

3,350

3,450

3,500

Source: Sublime...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.